America 1919-Chapter 881 - 301, Investment and Loneliness_2

The Woburg Family and the Rothschild Family are the closest partners, but even so, they are two groups that certainly have their own ideas!

Paul Warburg nodded and said, "Certainly, I plan to bring together 85 million US dollars from the New York National City Bank, Germany’s Warburg Bank, and Morgan Bank.

Even Felix Warburg, who had seen many storms, was shocked by Paul Warburg’s idea at this time.

The 85 million US dollars provided by the three banks, plus their own 15 million US dollars, amounts to 100 million US dollars! fгeewёbnoѵel.cσm

This is an unprecedented massive investment for the Warburg Family.

"Is it too much?" Felix Warburg expressed his concern, "Even if the New York National City Bank and Warburg Bank are under our family’s control, taking out so much cash will surely make the other shareholders of these two banks think more, and we will also have to provide a lot of guarantees for Morgan.

If there is any problem in this, it will definitely be an unimaginable consequence for us!"

Paul Warburg showed a helpless expression, saying, "I have no choice, with the war ending, many people in the White House and Congress are very dissatisfied with the Kuhn, Loeb & Co. consortium, and this is also the reason why the consortium has been declining over the years. To save ourselves, we must have a massive amount of cash support.

Investing in Atlantic City is for this purpose, but it inevitably involves competition with Donnie, which will be a very energy and financially draining affair.

If we can succeed in investing in the Florida real estate industry at this time, we will not only obtain the entire Florida market but also carve a new path for the consortium."

At this point, Paul Warburg showed a helpless expression: "Do you know why Donnie has been able to develop so quickly? Besides the substantial cash brought by his bootlegging empire, the main reason is that he controls the entire New Jersey.

The entire New Jersey is contributing to his economy, and more importantly, once he gained control of New Jersey, he captured the votes of the state, which are extremely important for any government."

The competition between New York State and Pennsylvania is indeed fierce, and it is impossible to dominate here, but Florida is different. If we can rule Florida just like Donnie ruled New Jersey, then we will truly have a strong voice in the United States!"

Facing his younger brother, Paul Warburg expressed his thoughts without any reservations.

Because this is not something he can achieve alone, he needs the support of the entire family.

Felix Warburg was already shocked by the earlier mention of funds, and now he was even more astonished.

He hadn’t expected Paul Warburg’s ambition to be so great.

But after the shock, came excitement.

"If your plan succeeds, then with our family’s influence in New York State, Pennsylvania, and Florida, we won’t have to worry about any policy changes!"

Paul Warburg’s face was somewhat flushed as he said, "That’s right, but all this requires substantial funds, we need to use the money we earn in Florida to invest in Florida, only then can our plan succeed!"

Felix Warburg nodded and said, "Understood, Paul, just go ahead and do it, I fully support you!"

"Yes, as long as our Warburg family is united, there is nothing we can’t achieve!" Paul Warburg said with a smile.

.

A month passed in a blink of an eye, and in this month, Donnie received many pieces of news.

The first news, about the collaboration between Surf Hotel and Kuhn, Loeb & Co. consortium in investing in two top hotels in Atlantic City, one of the designs is already out, and construction can begin.

As per Donnie’s request, Felix Warburg has transferred the funds to a dedicated account at Breton Bank!

The second news, Harding officially started his tour of speeches, and during the launch of his tour, Harding also announced the dismissal of Albert Furr as the Minister of the Interior, and on ABC’s broadcast platform, he formally apologized to the entire nation, acknowledging his mistake in trusting Albert Furr which led to the public’s distrust of the White House; it was his responsibility, and he sincerely apologized.

The third news, Pandora Oil Company and Sinclair Oil Corporation’s lawsuit against The New York Times has been officially accepted by the United States Supreme Court, and according to other media estimates, just the lawyer fees of both sides will amount to millions of dollars.

The fourth news, Winston Marl in Miami reported that recently, a massive amount of funds had entered the real estate market in Florida, they were like a hungry beast, aggressively acquiring land across Florida, causing the land prices in Florida to soar again.

Also, Winston Marl mentioned in the report that although this money seems to be avoiding direct competition with them, in some prime locations, they are undoubtedly their main competitors.

The fifth news, Jack Morgan also wrote a letter to Donnie, stating that the Kuhn, Loeb & Co. consortium has borrowed 30 million US dollars from Morgan Bank!